Are Biotech Penny Stocks Still Worth Looking At?

Biotech penny stocks have had their ups and downs with day traders. Some feel that biotech penny stocks have lost their luster; others feel that biotech penny stocks have proven themselves over a considerable stretch of time and as such, are unquestioned in their ability to deliver sound upside opportunities to those traders who partake in them. We take a more objective view, and this view is the reason we believe we can provide an unqualified and unbiased opinion on biotech penny stocks. Should you be trading them? We’ll answer that question for you right now.

Biotech Penny Stocks – The Record Of Biotech

Biotech penny stocks really shouldn’t be getting the sort of questions it’s been getting from day traders. Here’s why… The biotech industry has really been the shining light of the stock market across all categories of strength. That is to say, biotech has beaten most sectors, including tech proper, oil and gas, or even finance. In fact, the performance of biotech stocks has not even been close. In 2013 for instance, biotech penny stocks had it so good that they completely destroyed the S&P 500. By how much you ask? Well, one savvy day traders and analysts showed that biotech penny stocks has represented by the NASDAQ Biotechnology ETF (IBB), beat the S&P by a commanding 100%. You can read the full breakdown here, but needless to say, you’ll be floored by the sheer power of biotech stocks and their ability to outperform even the most robust and consistent sectors. So why are some day traders still doubting the power of biotech penny stocks? The answer may surprise you but we have it and will tell you right now.

Biotech Penny Stocks – Spotting Them In The Wild

The truth is that spotting the best biotech penny stocks isn’t as straightforward as say spotting the next Uber, or Airbnb. Those kinds of companies have a singular product which when analyzed for future upside, is not very difficult to make out. That is to say, companies like Uber have a more straightforward path to profits – the service either takes, or it doesn’t.

Biotech is different. Most companies that operate in the space have to endure years of drug trials, reviews from the FDA, and a plethora of competitive pressures such as patent filings and the occasional patent war. It isn’t easy by any stretch.

Finding biotech penny stocks that therefore represent the best in breed takes patience. And many day traders don’t have that sort of patience. We don’t blame them to tell you the truth; day trading is such a fast paced enterprise and if you aren’t careful, you can spend days and weeks hunting for the best penny stocks and the perfect moment to execute.

But it really doesn’t have to be that difficult. Spotting the best biotech penny stocks can really be left to people who devote their resources and energies to doing so. You can them tap their efforts and execute on the very best biotech penny stocks.

Here’s the simple formula: find a credible biotech penny stocks newsletters, sign up, and receive the best biotech penny stocks. Sounds simple right? It really is that simple. The only danger is that you have to watch which services you sign up to. They aren’t created equal and sometimes you can end up with a newsletter that either charges you for the biotech penny stocks they offer, or which don’t offer any guidance on how to trade penny stocks overall. If you are really unlucky you could end up with a newsletter that does both. We say avoid that! Sign up to a newsletter that offers the best of both worlds. You can start your journey of exploration right here.